Dec. 21, 2012: Fearful ‘end of world’ callers flood NASA – If there’s one government agency really looking forward to Dec. 22, it’s NASA.The space agency said it has been flooded with calls and emails from people asking about the purported end of the world — which, as the doomsday myth goes, is apparently set to take place on Dec. 21, 2012.The myth might have originated with the Mayan calendar, but in the age of the Internet and social media, it proliferated online, raising questions and concerns among hundreds of people around the world who have turned to NASA for answers.Dwayne Brown, an agency spokesman, said NASA typically receives about 90 calls or emails per week containing questions from people. In recent weeks, he said, that number has skyrocketed — from 200 to 300 people are contacting NASA per day to ask about the end of the world.

“Who’s the first agency you would call?” he said. “You’re going to call NASA.”

House set to vote on Boehner’s Plan B – A scheduled showdown vote Thursday evening in the U.S. House will determine how Congress and the White House proceed on fiscal cliff negotiations.With less than two weeks until the automatic tax hikes and spending cuts of the fiscal cliff take effect, the House will consider two measures proposed by Speaker John Boehner in the latest wrinkle of tense negotiations with President Barack Obama.One of the proposals would amount to both a concession by Republicans and a hard-line stance against the president on taxes. It would extend tax cuts scheduled to expire at the end of the year for most people while allowing rates to increase to 1990s levels on income over $1 million.A second proposal would change the automatic spending cuts set to kick in next year under the fiscal cliff, replacing cuts to the military with reductions elsewhere.

The White House threatened Wednesday to veto Boehner’s tax plan, saying it would achieve little and diverted the focus from efforts to negotiate a broader agreement to reduce the nation’s chronic federal deficits and debt.

While considered a negotiating tactic to pressure Obama to make more concessions, the vote also seeks to turn public opinion that now backs the president over Republicans in the talks.

Here’s What to Watch in Debate on GOP’s Plan B – Welcome to the preview of the debate on the Plan B bill—or is that bills?— where the drama will unfold according to an unacknowledged script of party politics.One of the leading actors in the recitation, House Speaker John Boehner, was not even in the room when the Rules Committee debated well into Wednesday night, before voting to send to the floor the speaker’s fiscal cliff proposal that extends Bush-era rates on people who earn $1 million or less as well as on spending cuts, a late addition to the agenda and a retread of a bill the House passed earlier this year.The spending-cut measure, dubbed the “magical mystery bill” by Democratic Rep. James McGovern of Massachusetts, because it was not added to the agenda until late Wednesday, is evidence that the speaker did not have the support in his conference for Plan B alone. Spending cuts were needed to sweeten the deal for the restive members of the conference.”Of course, spending cuts were a very important part of this and we passed the reconciliation package last May, and there were members who were concerned that this didn’t have spending cuts in it and so that’s why the inclusion of this will allow that to happen,” Chairman David Dreier said in an interview.

As Election Sting Lingers, Republicans’ Recalibration Advances – An influential Republican operative lamented that Jindal cast light on something that had fallen out of the national dialogue, complaining that there’s no reason to remind the public of an issue that caused Republicans fits this past year. But Jindal, who is widely expected to consider a 2016 presidential bid, observed that the Democrats successfully painted the GOP as opposing the use of birth control. That misconception is something high-level Romney campaign aides Katie Gage and Rich Beeson have said was a tough one for them to refute during the election, noting that it hindered their candidate’s electoral prospects.In addition to losing support among women, Republicans lost the Latino vote by historic margins on Election Day. While officials on both sides of the aisle have cautioned that the Hispanic population doesn’t rise and fall based solely on the nation’s immigration policies, the optics of a legislative fight on the issue do hold significance.In March, the American Conservative Union will host its annual Conservative Political Action Conference in Washington. And while the country’s largest gathering of conservatives typically boasts a speaker roster peppered with controversial firebrands, the ACU unveiled a lineup of young and diverse headliners for the 2013 confab.Among the speakers are Tim Scott, the 47-year-old African-American congressman from South Carolina who was appointed to the Senate this week; Ted Cruz, a 41-year-old Canadian-born Latino who was elected to the Senate from Texas last month; Marco Rubio, also 41 and a Cuban-American senator from Florida; and Susana Martinez, the 53-year-old Mexican-American governor of New Mexico. The 2012 GOP vice presidential nominee, Paul Ryan, will also speak, as will Ron Paul, Jim DeMint and noted immigration reform champion Jeb Bush.

The Auto Bailout Failure Is Now Complete – You may recall that during the presidential election, the Treasury Department refused requests by General Motors to unload the government’s stake in the giant automaker.Taxpayers had sunk $50 billion into a union bailout in 2009 and were now proud owners of 26.5 percent of the struggling company. Reportedly, GM had growing concerns that the stigma of “Government Motors” was hurting sales in the United States. At the time, any transaction would have come at a steep loss to taxpayers and undermined the president’s questionable campaign assertions that the auto union rescue had been a huge success.Well, now that the election is over and the Treasury Department is freed of political considerations, it plans to sell its 500 million shares of stock over the next 12 to 15 months and ease its way out of the company. GM will buy around 200 million shares at $27.50 per share by the end of the year. GM’s buy brings taxpayers back to around $5.5 billion of the $27 billion the company still owes. The special inspector general for TARP estimated in October that the Treasury would need to sell the remaining 500 million shares at $53.98 per share just to break even on its investment.Once GM buys its 200 million shares, the taxpayer stake in the company will drop to 19 percent, but the price to break even on the remaining 300 million shares will be around $70 per — or, in other words, probably never. As of this writing, GM shares are trading at around $27 per share. That, in the Obama era, is considered a successful transaction between the state and private industry. So successful that you’ll also remember that during the campaign, Obama maintained that “what we did with the auto industry, we can do in manufacturing across America.”

Taxpayer funds and unions for everyone.

Fiscal Cliff’s Dirty Secret: It’s Not About Taxes At All, But Too Much Spending – There’s a lot of talk right now about an impending fiscal cliff. But we already went over a cliff economically in this country a long time ago.The current debate over tax hikes is an empty one built upon a false premise. The debate is whether raising tax rates will address our current crisis. The premise is that it is a lack of taxation that has led to the crisis. Both are hopelessly wrong.President Obama’s proposed tax increases on the top 2% of earners would fund the federal government for about eight days. Even if we taxed Americans earning over $1 million on 100% of their income, we would raise only about $600 billion in revenue.Taxing citizens at this level is a tyranny even Europe hasn’t reached, and still it would only address about one-third of our deficit.

If one actually does the math, “taxing the rich” turns out to be no real solution at all, only fantasyland rhetoric.

Every dollar the government takes is another dollar used unproductively. Every dollar removed from the private sector and wasted in the hands of bureaucrats is a dollar that will not be used to purchase goods, to pay for services or to meet a payroll.

Philip Klein: How to evaluate ‘fiscal cliff’ proposals – After weeks of relative calm, America’s “fiscal cliff” drama has now been overtaken by a flurry of proposals, counterproposals and legislative maneuvering.As various ideas have been floated, they have triggered two main reactions among conservatives. One is to insist that if Republicans firmly stand their ground long enough, they will eventually get what they want from President Obama. Another is to side with House Speaker John Boehner and to act as if anybody who rejects any of his proposals is completely detached from reality.If Republicans refuse to back any deal that doesn’t preserve all of the Bush-era rates in hopes of protecting the GOP’s reputation as the low-tax party, they risk accomplishing the exact opposite. Americans would likely blame the GOP for taxes going up on everybody — as would happen automatically on Jan. 1 if no deal is struck. At that point, Obama could propose a massive tax cut for those making less than $250,000 per year, and it would be difficult for Republicans to resist. If they continued to do so, their reputation as tax cutters would be deeply damaged.

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